Question: 3. Using the information below, record the October 2019 merchandising journal entries for McDowell's. McDowell's purchased $67,000 of merchandise from Harris Co. The terms

3. Using the information below, record the October 2019 merchandising journal entries for McDowells.Oct. 2 McDowells purch

3. Using the information below, record the October 2019 merchandising journal entries for McDowell's. McDowell's purchased $67,000 of merchandise from Harris Co. The terms are FOB Destination, 2/15, net/45. McDowell's purchased merchandise on account from JSmooth for $105,000. The terms are FOB Shipping Point, 3/10, net/30. McDowell's paid $11,00 of freight costs for the merchandise purchased from JSmooth. McDowell's found $2,150 of merchandise they didn't order and returned it to JSmooth Oct. Ot. 5 Oct. Oct. 7 for a refund. McDowell's paid the amount due to JSmooth in full. Harris Co. granted McDowell's a $4,800 credit for returned merchandise. McDowell's paid the amount due to Harris Co. in full. Oct. 15 Oct. 20 Ot. 30

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